Thai Bourse launches trading alert list as a trading warning

Thai Bourse launches trading alert list as a trading warning

12/01/2012

The Stock Exchange of Thailand (SET) continues to protect investor rights and benefits by introducing its Trading Alert List, a list of securities showing unusual movement of prices and trading volumes compared with the previous trading session, to warn investors about those unusual movements, starting from January 23.

The exchange will disclose the list daily ahead of market opening and will simultaneously ask listed companies to progressively provide information affecting prices and trading volume. The SET will announce the list via its web-based online information system, SETSMART and www.set.or.th.

“The warning process will help investors to be more cautious in trading and minimize possible damage. This also enables the exchange to conduct securities trading with transparency and fairness, which will enhance the Thai bourse’s credibility with both domestic and foreign investors and bring disclosure standards to the same level as other major exchanges,” said Supakit Jirapraditkul, SET’s Group Head of Market Supervision.

This new process has received strong support from broker members, listed companies, and the Securities and Exchange Commission.